311 S Laurel St - Apartments FOR SALE


Stockton, CA 95205- East Stockton
$699,000 USD
209-992-0953
311 S Laurel St, Stockton, CA for Sale
$699,000 USD
Apartments - FOR SALE
1/2
null | 7% Cap Rate

311 S Laurel St
Stockton, CA 95205
East Stockton


OVERVIEW

• Seven unit multi-family investment opportunity • Two buildings: a single story duplex and a two story house with five units. • Good Income Producing Property • Upside in Rental Income – Most Units are below Market Rents • Attractive Cap Rate – Estimated around 7.5% of Current Rents & Expenses Estimated Proforma Rents & Expenses around 8% • Large Parcel Size for potential on site parking, storage or possible Additional Dwelling Unit (ADU)

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

7

PRICE/UNIT

$99,857

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RM

APN/PARCEL ID

155-210-16

ASK ABOUT THIS PROPERTY

Steve DunnCushman & WakefieldMore Info
209-992-0953

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Steve DunnCushman & WakefieldMore Info
209-992-0953

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.